BHP targets 30% reduction in emissions by 2030
BHP (NYSE: BHP; LSE: BHP) has unveiled a revamped strategy to cut operational emissions by 30% by 2030 from this year’s levels, but it stopped short of tackling Scope 3…
BHP
Water rights under scrutiny in Chile’s Atacama Desert
In one of the world’s driest deserts, the battle for water is heating up. Mining companies sifting northern Chile’s Atacama Desert for copper, lithium, and other minerals are increasingly finding…
BHP to mine Australian coal using greener energy
BHP (NYSE: BHP; LSE: BHP) said this week it had inked a deal to support the development of new solar and wind farms in Australia’s Queensland state as part of…
BHP plans ‘very tangible actions’ on carbon emissions
BHP (ASX, LON, NYSE: BHP) is fine-tuning a revamped strategy to reduce the company’s operational emissions and its use of diesel by 2030, chief executive Mike Henry said on Thursday….
BHP to fund Midland nickel exploration in Quebec
Midland Exploration (TSXV: MD) says it has struck a new funding deal with a subsidiary of BHP (NYSE: BHP; LSE: BHP) for nickel exploration activities in northern Quebec. BHP’s unit,…
BHP defers decision on Jansen potash mine
BHP (NYSE: BHP; LSE: BHP), the world’s largest miner, will decide whether to go ahead with its long-delayed multi-billion dollar Jansen potash project in Canada by mid-2021, about a decade…
Chilean regulator threatens to shut down BHP’s Escondida for exceeding its water permit
Chile’s environmental watchdog said it would charge BHP’s (NYSE, LSE: BHP) Escondida copper mine, the world’s largest, with drawing more water than its permits allowed for nearly 15 years. The…
Chile’s Chamber of Mines rejects calls to privatize Codelco
Chile’s Chamber of Mines and unionized workers have rejected a proposal put forward by parliament members to sell state-owned Codelco, the world’s largest copper miner, in order to finance the…
Copper price surges to two-year high
Copper futures rallied on July 21 after an agreement on a massive economic stimulus plan in Europe, optimism about a Covid-19 vaccine, and ongoing worries about pandemic-hit supply from top…
Cornerstone Capital seeks to replace SolGold’s board over mismanagement, transparency
Cornerstone Capital Resources (TSXV: CGP) plans to call a meeting of SolGold’s (TSX: SOLG; LSE: SOLG) shareholders to replace the company’s entire board, the investor said today. The move by…
Chile struggles to maintain copper production as coronavirus spreads
Workers at Chile’s giant copper mines are caught between the urge to protect themselves and pressure to keep the country’s economy moving. Since declaring a state of emergency in March…
SolGold offers $140M for Cornerstone Capital
SolGold (TSX: SOLG; LSE: SOLG) is trying to buy Cornerstone Capital Resources (TSXV: CGP), which owns a minority stake in the Alpala copper-gold project, part of the Ecuador-focused miner’s Cascabel…